Re: US Bank Secured Card

I had the secure card a couple of years ago and it reported as a secured cared on my report. The funny thing is when I was in the bank signing up for the secured card I was reading pamphlet that read-THE ONLY PERSON THAT WOULD KNOW THE CARD WAS SECURED IS YOU. I do not know if that's the case now but u can always call and ask them.

Advice is what we ask for when we already know the answer but wish we didn't.

Re: US Bank Secured Card

l9ikjam wrote:I had the secure card a couple of years ago and it reported as a secured cared on my report. The funny thing is when I was in the bank signing up for the secured card I was reading pamphlet that read-THE ONLY PERSON THAT WOULD KNOW THE CARD WAS SECURED IS YOU. I do not know if that's the case now but u can always call and ask them.

I remember seeing that on the pamphlet many years ago, and life got in the way before we opened the account. I then heard some secured cards report to the bureau as secured. I am worried that it is a waste of time getting this card if the "secured status" will effect the FICO score.

Does anyone know if that will not hold as much weight being a secured card?

I live my life like I type, fast and with a lot of mistakes.Spacebar broken. Watch for finger.

Re: US Bank Secured Card

They have two secured cards. I would not need the airline miles, but the APR is better on the SKYPASS card, but has a higher annual fee. I guess that does not matter since I will not be carrying a balance, right? Anyone have the SKYPASS? Do you know if the air miles transfer to other airlines at all?

The regular secured card is not available to those in florida. But the skypass card is available to me, and i can use the skypass points with a dozen other airlines. since I do a massive amount of travelling that is probably the card for me. So i might have a higher yearly fee, but i'll have a lower APR in case I have to carry a balance for a month.

I live my life like I type, fast and with a lot of mistakes.Spacebar broken. Watch for finger.

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